29,060 Shares in FedEx Corporation $FDX Purchased by UNIVEST FINANCIAL Corp

Posted by Brenda Bartman on Aug 18th, 2026

UNIVEST FINANCIAL Corp bought a new position in FedEx Corporation (NYSE:FDX – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,060 shares of the shipping service provider’s stock, valued at approximately $9,100,000.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in FedEx by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after purchasing an additional 207 shares during the period. Empowered Funds LLC increased its stake in shares of FedEx by 78.9% during the first quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock valued at $2,514,000 after acquiring an additional 4,548 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of FedEx during the second quarter valued at approximately $586,000. Quantbot Technologies LP bought a new stake in FedEx during the second quarter worth approximately $186,000. Finally, Jump Financial LLC acquired a new stake in FedEx in the second quarter worth approximately $456,000. 84.47% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Paul S. Walsh sold 5,042 shares of FedEx stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the transaction, the director owned 16,359 shares of the company’s stock, valued at approximately $5,309,477.04. This trade represents a 23.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. BMO Capital Markets reaffirmed a “market perform” rating on shares of FedEx in a research note on Wednesday, June 24th. UBS Group cut their price objective on FedEx from $445.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of FedEx in a research note on Friday, June 26th. Truist Financial lowered their target price on FedEx from $425.00 to $365.00 and set a “buy” rating on the stock in a report on Thursday, June 25th. Finally, HSBC dropped their price target on shares of FedEx from $360.00 to $289.89 and set a “hold” rating on the stock in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $350.54.

Get Our Latest Stock Analysis on FedEx

FedEx Trading Down 0.8%

FedEx stock opened at $331.86 on Tuesday. The firm has a market cap of $78.51 billion, a price-to-earnings ratio of 17.93, a price-to-earnings-growth ratio of 1.72 and a beta of 1.30. FedEx Corporation has a 1 year low of $177.05 and a 1 year high of $345.36. The firm’s 50 day moving average price is $319.43 and its two-hundred day moving average price is $351.54. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48.

FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 EPS for the quarter. The company had revenue of $23.26 billion during the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%. On average, research analysts predict that FedEx Corporation will post 17.6 EPS for the current fiscal year.

FedEx Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 22nd were given a $1.22 dividend. The ex-dividend date was Monday, June 22nd. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. FedEx’s dividend payout ratio (DPR) is 26.36%.

About FedEx

(Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.